News
Additional Capabilities for Customers of the Bit Trade Exchange in the Status of Legal Entities
Friday, January 17, 2020

Dear Customers of the Bit Trade Exchange of Digital Assets,

The Company continues to work on expanding capabilities of using theBitbon digital asset.

We would like to inform you that, at the end of February 2020, the Bit Trade Exchange will present a standard contract for the provision of exchange services to conclude deals with legal entities. This contract for the provision of services for the purchase and sale of virtual values will provide an opportunity for legal entities to purchase and sellBitbon.

We would also like to inform you that at the same time as the standard contract for the provision of exchange services will be introduced, all Customers of the Bit Trade Exchange will be provided with an additional method of withdrawing funds fromBitbon sale to bank accounts.

In addition, we would like to inform you that, in the next two months, the Company is planning to automate the process of withdrawal of funds for some payment services, which will reduce the processing time of Customer’s requests. The system of automatic withdrawal will operate 24/7, thanks to which each Customer of the Bit Trade Exchange will be able to withdraw their funds at any time — 24 hours a day, as well as on weekends and holidays.

In order to ensure convenient conditions for the Exchange’s Customers, the Company continues to integrate services of international payment systems. In the nearest future, it is planned to implement additional methods of depositing and withdrawing funds, which will allow the Customers of the Bit Trade Exchange to use payment solutions convenient for them in different countries of the world.

Announcement of the Scheduled Maintenance of Website
Monday, January 13, 2020

Dear Customers of the Bit Trade Exchange of Digital Assets,

We would like to inform you that our Company’s specialists will conduct the scheduled technical update on January 15, 2020 to optimize the operation of the services of the Bit Trade Exchange.

In this regard, the website of the Bit Trade Exchange may be unavailable for 3 hours starting from 10:00 a.m. (UTC+2) on January 15. In case of any questions during this period, you can contact our Customer Support at[email protected].

We apologize in advance for the temporary inconvenience!

Updated Trading Conditions and Bonus from the Bit Trade Exchange
Friday, December 20, 2019

Dear Customers of the Bit Trade Exchange of Digital Assets,

In order to provide Customers and Partners of the Bit Trade Exchange with more advantageous trading conditions so that they could manage volumes, time, buy and sell prices of theirBitbons, the Bit Trade Exchange has made changes to thetrading conditionsthat come into effect on December 21, 2019 in accordance with the second stage of the development of theBitbon System established in theWhite Paper.

The update was initiated as the Bit Trade Exchange has reconsidered the trading conditions regarding the charge of commission for theBitbon sale in favor of affiliate programs, and it is the pre-last update before the start of mining.

In accordance with the updatedtrading conditions, in the period of increase inBitbon liquidity, the Bit Trade Exchange has imposed the commission for theBitbon sale under the principle “higherBitbon sale price means lower commission”. The automatic calculation of the commission rate when specifying the price, and vice-versa, was added to the block of creating sell orders. The formula to calculate the commission rate forBitbon sale charged by the Bit Trade Exchange is presented in thetrading conditions. Using this formula, Customers of the Bit Trade Exchange can calculate the commission rate on their own.

Please note that the commission for theBitbon sale charged by the Bit Trade Exchange is distributed among participants in the affiliate programs. In this regard,changes to the Affiliate Program have been made. It means that the remuneration according to the Affiliate Program is nowup to 36.5%. To learn more about the conditions for accruing the remuneration, read theAffiliate Program Terms and Conditions.

We would also like to draw your attention to the fact that as soon as the updated trading conditions of the Bit Trade Exchange come into effect, previously placed Limit orders on the BITBON/USD instrument will be cancelled to allow Partners and Customers of the Bit Trade Exchange to place orders in accordance with the updated trading conditions. To learn more, read thetrading conditions.

Additionally, we would like to inform you that tomorrow, starting from December 21, 2019,the Bit Trade Exchange offers the promotion limited in time providing you with an opportunity to receive an additional Bonus. The Bit Trade Exchange of Digital Assets allocates the bonus pool in the amount of100,000.00 Bitbons. The Bonus will be credited for eachBitbon purchased during the validity period of the Offer and will be decreasing every week. The Offer will end if there are no allocatedBitbons left and at the Company’s initiative at any time.

We would like to draw attention of Customers and Partners of the Bit Trade Exchange to the fact that the Bonus will be credited automatically after the end of the Offer if all the terms and conditions of the Offer are fulfilled, in particular, the purchasedBitbons are kept in your Assetboxes until the termination of the Offer of the Bit Trade Exchange. You can find more information on how remuneration is accrued in theAdditional Offer Terms and Conditions.

Announcement of the Scheduled Maintenance of Website
Tuesday, December 10, 2019

Dear Customers of the Bit Trade Exchange of Digital Assets,

We would like to inform you that on December 11, 2019, due to the global update of the websitebitbon.space, the official information resource of theBitbon System, our Company’s specialists will conduct the scheduled technical update to optimize the operation of the services of the Bit Trade Exchange.

In this regard, the website of the Bit Trade Exchange may be unavailable for 4 hours starting from 10:00 a.m. (UTC+2) on December 11, 2019. In case of any questions in this period, you can contact our Customer Support at[email protected].

We apologize in advance for the temporary inconvenience!

Temporary Trading Conditions for Ensuring Stable Pricing of Bitbon
Monday, November 04, 2019

Dear Customers of the Bit Trade Exchange of Digital Assets,

In accordance with theBitbon System White Paper, in the period of an increase inBitbon liquidity, trading conditions have been supplemented on the Bit Trade Exchange to exclude possible manipulations of theBitbon price. Therefore, during the sale ofBitbons, the trading conditions will be in effect according to which a minimum price perBitbon is set:

  • The Customers of the Bit Trade Exchange, who have purchasedBitbons before the start of open bidding, will be able to sell them in acceptable volume and at a price equal to the one set by the trading conditions, but not lower than the price determined by a special formula as a result of the bidding over the last trading week.
  • The Customers of the Bit Trade Exchange, who have purchasedBitbons after the start of open bidding using the order book or received them for participating in Consensus building mining of theBitbon System, will be able to set any price ofBitbon.

Therefore, the updated trading conditions will contribute to ensuring a stable increase inBitbon liquidity and price. For example, if the buy order book contains insufficient amount ofBitbons at the price recorded as a result of the last trading week, thenBitbons can be purchased only at a price not lower than the one set by a special formula at the end of crowdsale.

We would also like to draw your attention to the fact that these temporary trading conditions will be applied exclusively to the Bit Trade Exchange, and other authorized exchanges (whereBitbon will be listed in the future) will be recommended to follow them until a sufficient level ofBitbon liquidity is formed.

You can learn about the trading conditions of the Bit Trade Exchange of Digital Assets by following the link:Trading Conditions (BITBON/USD).